How to identify a correction for the next impulse move ?
How to identify if a correction is finished/completed and ready for the next impulse move ?
Hello everyone:
In this educational video I will go over how to properly identify a correction in price action analysis.
I recently made a price action workshop live stream video that went over everything on impulse - correction, structures/patterns, continuation and reversal corrections,
but I still get a lot of questions on identifying corrections itself.
How to draw, use the trendlines to identify a correction, and how to understand they are going to complete/finish.
In my opinion this is the most important part in technical analysis.
We need to understand that the market moves in phrases, it can only be in the impulsive phrase or corrective phrase.
The key to trading is to understand when a correction finishes, we are going to get the impulsive phrase which will give us traders a better edge in the market to enter, where the momentum is strong.
I have made many educational posts on price action analysis, specifically on continuation or reversal correction, which I will put the links below.
Any questions, comments, or feedback welcome to let me know.
Thank you
Jojo
Price Action Workshop
tradingview.com/streams/OdYClm9gqoFe6IJLvyW2v/
Impulse VS Correction
Continuation and Reversal Correction
Multi-time frame analysis
Continuation Bull/Bear Flag
Reversal Ascending/Descending Channel
Reversal Double Top/Bottom
Reversal Head & Shoulder Pattern
Reversal “M” and “W” style pattern
Reversal Impulse Price Action
Expanding Structure/Pattern
Hello everyone:
In this educational video I will go over how to properly identify a correction in price action analysis.
I recently made a price action workshop live stream video that went over everything on impulse - correction, structures/patterns, continuation and reversal corrections,
but I still get a lot of questions on identifying corrections itself.
How to draw, use the trendlines to identify a correction, and how to understand they are going to complete/finish.
In my opinion this is the most important part in technical analysis.
We need to understand that the market moves in phrases, it can only be in the impulsive phrase or corrective phrase.
The key to trading is to understand when a correction finishes, we are going to get the impulsive phrase which will give us traders a better edge in the market to enter, where the momentum is strong.
I have made many educational posts on price action analysis, specifically on continuation or reversal correction, which I will put the links below.
Any questions, comments, or feedback welcome to let me know.
Thank you
Jojo
Price Action Workshop
tradingview.com/streams/OdYClm9gqoFe6IJLvyW2v/
Impulse VS Correction
Continuation and Reversal Correction
Multi-time frame analysis
Continuation Bull/Bear Flag
Reversal Ascending/Descending Channel
Reversal Double Top/Bottom
Reversal Head & Shoulder Pattern
Reversal “M” and “W” style pattern
Reversal Impulse Price Action
Expanding Structure/Pattern
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